Robohub.org
ROV operations expenditures to grow to $1.5 billion by 2017
Douglas-Westwood, an energy research group, says (in their $5,000 World ROV Operations Market Forecast 2013-2017 report), that ROV operations expenditures will grow 80% over the next 5 years.
- 75% of the ROV vehicles are used as work-class vehicles; the remainder are for inspection.
- The combined purchase and operations expenditures over those years will be $9.7 billion.
- Insight into those numbers provided by Unmanned Vehicle Systems Consulting said that global ROV sales in 2010 were $850 million of which 50% were for energy use; 25% for defense and security and 25% for scientific research.
- Further, roughly 20% of the vehicles were autonomous underwater vehicles (AUVs); the rest were ROVs (remotely operated vehicles).
tags: AUV, c-Business-Finance, cx-Industrial-Automation, cx-Military-Defense, Mapping-Surveillance, ROV
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Related posts :
Social media round-up from #IROS2025
Lucy Smith
27 Oct 2025
Take a look at what participants got up to at the IEEE/RSJ International Conference on Intelligent Robots and Systems.
Using generative AI to diversify virtual training grounds for robots
MIT News
24 Oct 2025
New tool from MIT CSAIL creates realistic virtual kitchens and living rooms where simulated robots can interact with models of real-world objects, scaling up training data for robot foundation models.
Robot Talk Episode 130 – Robots learning from humans, with Chad Jenkins
Robot Talk
24 Oct 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Chad Jenkins from University of Michigan about how robots can learn from people and assist us in our daily lives.
Robot Talk at the Smart City Robotics Competition
Robot Talk
22 Oct 2025
In a special bonus episode of the podcast, Claire chatted to competitors, exhibitors, and attendees at the Smart City Robotics Competition in Milton Keynes.
Robot Talk Episode 129 – Automating museum experiments, with Yuen Ting Chan
Robot Talk
17 Oct 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Yuen Ting Chan from Natural History Museum about using robots to automate molecular biology experiments.
What’s coming up at #IROS2025?
Lucy Smith
15 Oct 2025
Find out what the International Conference on Intelligent Robots and Systems has in store.
From sea to space, this robot is on a roll
Texas A&M University
13 Oct 2025
Graduate students in the aptly named "RAD Lab" are working to improve RoboBall, the robot in an airbag.
Robot Talk Episode 128 – Making microrobots move, with Ali K. Hoshiar
Robot Talk
10 Oct 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Ali K. Hoshiar from University of Essex about how microrobots move and work together.
